Pursuant to Regulation 262(5) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ('SEBI ICDR Regulations'), please find enclosed herewith the certificate issued by the Statutory Auditors of the Company, M/s. S G P S & Associates, Chartered Accountants (Firm Registration No. 132946W), certifying the utilization of money raised through the Initial Public Offer ('IPO') of the Company.The Company is not required to appoint a monitoring agency for the IPO proceeds. Accordingly, the enclosed statutory auditor certificate is being submitted to the SME Exchange while submitting the financial results, and shall continue to be submitted until the IPO proceeds are fully utilised, as may be applicable.